Bullying and harassment claims rise across City, regulator finds

In the UK finance sector, reports of non-financial misconduct have increased by over two-thirds in the past three years, with incidents including bullying, discrimination, and harassment. The Financial Conduct Authority found 7.2 incidents per 1,000 employees in 2023, prompting concerns of a backwards trend in workplace culture. Firms are urged to take action and improve transparency, as the FCA plans to issue new guidance on handling non-financial misconduct cases.

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